Anthony Noto - 16 Dec 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
16 Dec 2024
Net transactions value
-$8,231,958
Form type
4
Filing time
18 Dec 2024, 18:55:18 UTC
Previous filing
18 Sep 2024
Next filing
14 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +960,341 +11% 9,989,707 16 Dec 2024 Direct F1
transaction SOFI Common Stock Tax liability $8,231,958 -506,582 -5.1% $16.25 9,483,125 16 Dec 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SOFI Restricted Stock Unit Options Exercise $0 -960,341 -20% $0.000000 3,728,690 16 Dec 2024 Common Stock 960,341 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by the Reporting Person.
F3 Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Forms 4 filed on June 2, 2021, November 22, 2021, March 22, 2023 and March 13, 2024.